USD Rally Pauses |
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8/18/2008 2:30 PM: EUR/$..1.4718 $/JPY..110.06 GBP/$..1.8658 $/CHF..1.0959 AUD/$..0.8704 $/CAD..1.0635 USD Rally Pauses The greenback eased up slightly against the majors in the Monday session, relinquishing the 1.47-level versus the euro and drifting back toward 110 against the yen. The US economic calendar this week consists of housing reports, expected to reveal continued softness in the sector, PPI, and the Philadelphia Fed manufacturing index. Although the US economy remains mired in its
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